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OPERATING SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Summary of financial information for the operating segments
The following table presents financial information for the Company’s two segments.
Three Months Ended March 31, 2025Three Months Ended March 31, 2024
PassengerCargoTotalPassengerCargo Total
Operating Revenues$298,492$28,157$326,649$287,535$23,948$311,483
Operating Expenses:
Aircraft Fuel64,61964,61970,30470,304
Salaries, Wages, and Benefits75,18317,66292,84565,58816,65082,238
Maintenance15,3433,51918,86213,4043,41316,817
Sales and Marketing10,39510,39510,67910,679
Depreciation and Amortization24,799524,80423,804523,809
Ground Handling11,40711,4079,14599,154
Landing Fees and Airport Rent16,68414916,83314,57615314,729
Special Items, net1,7991,799
Other Operating, net23,5435,29628,83923,5045,07328,577
Total Operating Expenses243,77226,631270,403231,00425,303256,307
Operating Income (Loss)$54,720$1,52656,246$56,531$(1,355)55,176
Interest Income1,9952,448
Interest Expense(9,625)(11,112)
Other, net(478)46
Income Before Income Tax$48,138$46,558